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Bursa starts higher as bargain hunting offsets cautious sentiment (opens original article in a new tab)

TL;DR

Bursa Malaysia opened higher on Thursday as bargain hunting in utilities and telecommunications stocks offset cautious sentiment, with the FBM KLCI rising 1.32 points to 1,683.45.

  • Bursa Malaysia opened higher on Thursday, with the FBM KLCI rising 1.32 points to 1,683.45.
  • Utilities and telecommunications stocks led gains, while market breadth was positive with more gainers than decliners.
  • Regional indices ended higher, supported by technology stock buying, and crude palm oil futures remained above RM4,600 per tonne.

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